Hello, I listen to this interesting webinar "Webinar: Intro to Machine Learning by NJAMC" from Mike and Greg
Thanks to both.
I'm a beginner trader and I'm trying to learn also about AI.
I would be interested to know:
- how many traders makes money (to sustain them self) vs no money
- In the one that makes money to sustain them self:
+ how many are manual/discretionary traders,
+ semi automated traders,
+ fully automated traders
+ and a special sub case for fully automated, how many are ML (Machine Learning) / AI traders with fully automated system versus algo written by hand (not ai base)?
- I always wondered within the fully automated and ML/AI traders, is your algo set once and it always can run without any modification or you need to regularly adjust the algorithm to fit newer data and also new instruments?
I guess I'm wondering if there is such a thing as an algo that can be 100% automated and trade what ever type of instruments (CL, ES, CC, FDAX....) or if the algo are instrument (or group of instrument) dependent? Does the algo need to be updated as time goes so it learn the new trades of the month, quarter, year?
(The forum has a voting option, should it be a voting answer?)
Thanks
Wil70 :pcguru:
(sorry this is almost of copy of this ( but I'm new on the forum and I didn't know if it should be its own thread or not and how to make sure people sees it)